Latest News Articles

Middlesex 3 Welcomes Northern Bank, Avison Young and Camber Development to the Coalition!

Northern Bank

“At Northern Bank, we believe that helping entrepreneurs build a successful business helps build a stronger, more vital community for us all. That’s a philosophy we’ve put into practice for over 60 years.

Our business was founded and built by entrepreneurs, who when they discovered a traditional bank wouldn’t lend them money, decided to start a bank of their own — a bank that would support the entrepreneurial spirit of the community. A bank designed to help individuals realize their personal dreams and entrepreneurs help their businesses grow.”

Avison Young

“Avison Young creates economic, social and environmental value as a global real estate advisor, powered by people.

At Avison Young, we believe in creating positive impact wherever we go.

There is a vital role for commercial real estate to create healthy, productive workplaces for employees, cities that are centres of prosperity for its citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Our nimble, agile team has global insight, local market expertise and access to some of the smartest technology in the commercial real estate industry – all at the ready to work on creating your competitive advantage. As a private company, you will collaborate with an empowered partner who is invested in your success as much as you are.”

Camber Development

“Rooted in local expertise and relationships, and backed by institutional capital and partnerships, Camber brings an innovative mindset to traditional assets to improve building functionality and connection to, and between, the companies and employees that occupy them.  

We own and operate our properties, re-leasing and repositioning as appropriate, with the intention of establishing strong relationships with our customers and attracting new innovative companies to our portfolio.   

Camber is actively seeking properties in the Greater Boston area. In addition to existing buildings, we are pursuing development and re-development opportunities for potential life science and industrial uses. We believe partnerships create better outcomes and we are flexible related to transaction structuring with sellers of properties and potential joint venture partners.”

MassEcon: VIDEO SERIES PROMOTING MASSACHUSETTS REGIONS AS HOTSPOTS FOR BUSINESS GROWTH

Northeast Massachusetts, regional, and statewide videos showcase advantages of working and living throughout the Commonwealth 

WATERTOWN, MA – MassEcon, the state’s private sector partner in promoting business growth in Massachusetts, today announced the release of a video series promoting Massachusetts as a place to work and do business.  The videos focus on the five regions of Massachusetts — Northeast, Greater Boston, Southeast, Central, and West — and Massachusetts as a whole.  

Click here to view each region and watch the videos, and click here to watch the statewide video.  

“In no uncertain terms, Massachusetts is a premier location for some of the most significant industries of our age and its regions provide unique opportunities to excel for employers and talented workers alike,” said Peter Abair, Executive Director of MassEcon. “While we are very self-critical in Massachusetts, our state is nonetheless an extraordinary place to live and to do business, offering an exceptional workforce and high quality-of-life.” 

MassEcon developed the videos with support from the Massachusetts Executive Office of Housing and Economic Development through a Regional Economic Development Organization grant administered by the Middlesex3 Coalition. Each video highlights the advantages of a specific region, showcasing it as a business location as well as a destination for talented workers to pursue a career and families to settle. The promotions will be released in multiple phases with a focus on a variety of audiences. 

“Massachusetts is home to an unparalleled ecosystem of industry, academia, and talent that provides the right environment for companies to thrive,” said Housing and Economic Development Secretary Mike Kennealy. “MassEcon continues to be a valuable partner helping the Commonwealth put our best foot forward showcasing Massachusetts as the best place to do business.” 

The videos were developed after receiving input from national and global site selection consultants and in consultation with MassEcon’s many regional partners throughout the state. Regional partners include Western Mass EDC, Town of Chelmsford, Middlesex3 Coalition, Merrimack Valley Chamber of Commerce, Worcester Regional Chamber of Commerce, Visit North Central Mass, Town of Mansfield, MetroSouth Chamber of Commerce, and the South Shore Chamber of Commerce. Path8 Productions produced the videos, and Lauren Perna Communications is helping promote them.  

Later this month, MassEcon will be launching videos that highlight the thriving industries across the Commonwealth.  

About MassEconMassEcon’s mission is to promote and champion Massachusetts as the best place to start, grow and locate a business. Built upon a robust network of corporate and civic members, MassEcon convenes public and private sector leaders of industry to create an inclusive business ecosystem that enhances job growth across a diverse talent pool; promotes investment in all communities; expands equitable opportunities throughout the Commonwealth.  

CONTACT:     

ANNIE O’CONNELL, COMMUNICATIONS DIRECTOR 

AOCONNELL@MASSECON.COM 

Middlesex 3 in the News

Middlesex 3 “What’s Happening in Bedford” event was published in News Break,  a regional local news aggregator. After being publsihed in The Bedford Citizen 

Some quotes from the article,  Anchor Line Partners General Manager DeAnna Murphy said, “Bedford has done a wonderful job in setting the stage for a biotech boom,” she asserted last week at an in-person gathering sponsored by the Middlesex 3 Coalition. “Crosby Drive feels important. It feels smart – four lanes with sidewalks on both sides and lab clusters. This corridor is great.”

Stephanie Cronin, executive director, told the audience of more than 40 that the event was designed as “a casual conversation,” a format that she said has proven to be “more meaningful and authentic.”

“What’s Going on in Bedford” was all good news, delivered by real estate owners, a tenant, employers and other business representatives, and town government

Read more Here

MA State House

Updates from the State House

OUTDOOR DINING & “TO-GO” COCKTAILS

Earlier last month, the Governor signed a FY22 supplemental budget that extends outdoor dining and “to go cocktails” provisions to April 1, 2023. I know this topic has been on our collective minds for some months, so I did want to offer this update as we all gear up for the summer season.

SMALL BUSINESS WEEK

Small Business Week is May 1-7, 2022! This year, SBA will hold a 4-day virtual summit – folks can register here. In addition, SBA will hold an in-person breakfast to celebrate the National Small Business Week Awards – register here.

Finally, SBA has announced its 2022 THRIVE Emerging Leaders Reimagined program. This 6-month intensive program helps CEOs and Executives get unstuck and take their business to the next level. Participants will learn leadership skills through an MBA-level curriculum, receive tailored business coaching, and build relationships with a community of business owners, advisors, and experts. Learn more here.

WORKFORCE ROAD SHOWS

This week, we kicked off the Regional Workforce Road Shows at Keefe Technical High School and Bridgewater State University. It’s not too late for employers to register for these sessions! Register or pre-register here. We look forward to seeing you out “on the road.” 

Mass FORWARD Legislation for a Post-Pandemic Economy

The Administration filed a substantial legislative package to support Massachusetts’s path forward into a post-pandemic economy, An Act Investing in Future Opportunities for Resiliency, Workforce, and Revitalized Downtowns (or FORWARD). The legislation would enable new infrastructure and jobs, and invest in every city and town in the Commonwealth.  This legislation contains a significant set of opportunities to advance community and economic development, including a number of shovel-ready projects in cities and towns across the Commonwealth. These projects are consistent with the state’s policy objectives and almost all represent projects recently proposed by municipalities, and would ensure that every community receives at least $250,000 in funding. I encourage you to review the more detailed summary of the bill in the press release.

You can review the bill text to see the projects in your cities and towns that would be funded by MA FORWARD, and express support to your elected officials.

Today, we find ourselves at a unique moment in the Commonwealth’s history. We are facing urgent needs, but are armed with unprecedented collaboration and available funding to address them.

Hire Now: New Hiring and Training Grants for MA Employers

To help employers quickly hire and train new workers amid current staffing challenges, the Baker-Polito Administration recently announced a new HireNow program that provides eligible employers a $4,000 per employee grant

  • What employers can take part? The program is open to all Massachusetts employers, including both for-profit and non-profit, who are in good standing with the Department of Unemployment Assistance and Department of Revenue obligations. While you don’t need to be headquartered in Massachusetts, you must have a Massachusetts business location (employees’ homes are not considered an acceptable location).
  • Who are eligible hires? Eligible hires are those you bring on after March 23, 2022, who are scheduled to work at least 30 hours per week. In addition, they must be paid between minimum wage ($14.25/hour) and a maximum of $42.50/hour for non-exempt employees and $21,375 and $85,000 annually for exempt employees.
  • How do I apply for a grant? To get started, you’ll need to create a HireNow account online at Mass.Gov/HireNow and pre-register as an employer. Once you hire an eligible worker, you’ll complete a newly hired employee registration. This step must take place within 60 days of their first day of employment.
  • What amount will I receive? You can be awarded up to $4,000 for each employee hired, with a limit of $400,000 per employer.
  • Are there limits on my use of the funds? The funds can be used for several hiring and training activities, including:
  • Subsidizing additional time spent shadowing or an extended on-the-job training during onboarding
  • Hiring an external training provider
  • Offering a sign-on bonus
  • Giving a retention bonus
  • Offering tuition reimbursement benefits
  • When do the funds get issued? Once you hire an employee and they remain employed for 60 days, you’ll be prompted to confirm that they retained employment, which will result in grant approval and trigger the payment process. The funds will be made by EFT.

To Learn more and Apply Click here